Brian Wallace, Founder & President, NowSourcing
Experts say that by 2025, 22% of the workforce will work remotely. Since the beginning of the pandemic, 47% of businesses say that remote work is here to stay. Similarly, workers report feeling 22% happier and 30% more productive when they work from home. However, 47% also report experiencing burnout. As a society, we have witnessed a shift in the work/ life balance and longer hours, presenting new challenges for remote workers.
Over 40% of workers are likely to work over 40 hours a week, with 37% reporting longer hours than they did pre-pandemic. A significant 75% of remote employees experience stress and burnout at work. Experts have also found that working from home can lead to disorganization, lowered productivity, and increased stress.
Breaks have been proven to be vital, as 90% of Americans report feeling more refreshed and productive after taking a break from their computer. Time tracking is a technology that was born with these necessities in mind. Time tracking using facial recognition helps employees and businesses alike. It can help prioritize the most important tasks, track progress, facilitate break times, and increase employee accountability, among many other perks. Filing timesheets wastes a shocking $7.4 billion per day in productivity for businesses in the United States. Time tracking technology has the power to reduce these costs immensely while offering a slew of additional benefits for businesses nation-wide.
As with any new technology, time tracking presents its own set of challenges. Managers are still concerned with the productivity levels of their remote workers. Many have found that these tracking tools expose the loss of time and effort that many are exhibiting. Despite this, 60% of companies with remote employees are using monitoring software to track employee activity and productivity. These technologies vary, and include manual tracking, timesheets, key cards, biometric data, remote monitoring, and even GPS tracking.
Facial recognition is another component of time tracking that allows for a more seamless and less distracting monitoring process. Face ID software is compatible with several different types of devices and is the most fool-proof way to ensure productivity and focus during the remote workday. This technology also relies on AI and ML, meaning that it is a smart tool that uses the most efficient and advanced software to operate. Remote work is the new norm in our post-pandemic society, explaining why businesses of all sizes are making the switch to digital time tracking technologies.
About the Author: Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency in Louisville, KY and Cincinnati, OH which works with companies ranging from startups to Fortune 500s. Brian runs #LinkedInLocal events, hosts the Next Action Podcast, and has been named a Google Small Business Adviser for 2016-present. Follow Brian Wallace on Linked